Both the entities also intend to additionally explore areas of opportunities & collaboration in related fields like renewable energy.
27 Sep 2018 1:31 PM
ONGC had in January received government approval to sell its 13.77 per cent stake in Indian Oil Corp.
19 Aug 2018 3:58 PM
ONGC seeking recognition as the promoter of the company post-acquisition of majority stake in HPCL.
09 Aug 2018 1:16 PM
State firms that buy oil from Iran include MRPL, Indian Oil and HPCL.
24 Jul 2018 5:59 AM
Reliance, which produces a fourth of India's aviation turbine fuel, wants access to the pipelines.
15 Jul 2018 11:28 AM
The government’s actions are around creating a feel good tactic rather than a serious economic effort.
05 Jul 2018 12:23 AM
Till now HPCL had two government nominee directors - Rath and Sandeep Poundrik.
29 May 2018 2:40 PM
Net profit was 17.48 billion rupees in the three months ended March 31, compared with 18.19 billion rupees.
23 May 2018 8:30 AM
Saudi Arabia was the biggest oil supplier to India till 2016-17, but slipped behind Iraq last fiscal.
12 May 2018 10:53 AM
Shares of IOC fell as much as 7.6 per cent after the news of government asking oil firms to not raise prices broke.
11 Apr 2018 7:45 PM
Govt's aim is to increase LPG penetration to 75 pc by addition of 5.5 crore new LPG connections till 2019-20.
06 Apr 2018 2:51 PM
ONGC had borrowed money from banks to buy government's 51.11 per cent stake in HPCL for Rs 36,915 crore.
09 Mar 2018 4:16 PM
ONGC bought entire shareholding of the government of India in HPCL at Rs 473.97 per share.
01 Mar 2018 2:06 PM
Moody's Investors Service, affirmed ONGC 'Baa1' local and foreign currency issuer ratings.
31 Jan 2018 11:11 AM
ONGC is funding the Rs 36,915 cr acquisition of govt's 51.11 pc stake in oil refining and marketing firm HPCL.
23 Jan 2018 2:23 PM
HPCL will continue to remain a central public sector enterprise by virtue of govt holding majority stake in ONGC.
23 Jan 2018 10:14 AM
India's biggest oil and gas producer, last week announced acquisition of HPCL for Rs 36,915 crore.
22 Jan 2018 2:18 PM
ONGC will pay Rs 473.97 per share for 77.8 crore shares of government in HPCL.
22 Jan 2018 11:24 AM
ONGC will pay govtRs 473.97 per share, a premium of over 10 per cent of 60-days weighted average of HPCL's scrip.
20 Jan 2018 5:22 PM
The HPCL issued show cause notices to the concerned petrol pumps.
14 Dec 2017 1:31 AM